How do I lower my car insurance? I am a 22 F who is driving a 2014 Mitsubishi outlander sport and I am paying 2,128.86 a year for insurance. I am on my own plan and being on a parent’s plan is not an option. I haven’t been in any accidents as well. I am currently with Allstate and I live in South Carolina. Does anyone have any tips or suggestions? submitted by /u/Allurin…

Repair car totaled by insurance? My car was recently totaled out by my insurance. Repairs around $9k while they’re valuing the car at $8.6k. After including my deductible and paying off the remainder of my loan, I’ll be getting about $3k from my insurance. I’m looking around at new (used) cars, and not seeing much good news anywhere. I purchased my 2017 Jetta in April of 2020 …

Health insurance prices for next year are unreasonable. What do I do? I just found out that my employer’s health insurance plan will be going up ~$250/month. If I continue on their plan, I’ll be paying as much for insurance as I do for my mortgage. I’m looking for ideas because I can’t afford to eat an extra $3,000/year (not to mention the insurance is actually getting worse, too). Are marketplace plans an option …

What’s a reasonable amount of insurance to pay for for a condo? The HOA’s insurance covers the building, but the homeowners insurance covers “walls in.” I know what the condo is worth, but it’s 400 square feet in a high COL area, so I’m wondering if the purchase price/ market rate value is super relevant. What’s the metric for pricing out replacement costs? How much liability do I need? Any other considerat…

“Travel nomad” insurance Hiya! I’m traveling since last December, and I am not sure when I am going to go back. Possibly next spring, or maybe longer. My travel insurance just expired and I’ve realised most insurance companies don’t cover you if your trip has already started. So, what is the best insurance for a “travel nomad”? Mostly interested in medical cover. I have…

My son got hit by a car. Driver’s insurance suggested I use my “underinsured motorist” auto coverage to help pay the bills. Why use my car insurance to pay back my health insurance? My son was hit by a car in a crosswalk. His leg was broken and he needed surgery. The diver’s maximum bodily injury coverage is $25,000, which will not cover everything our health insurance paid. When I talked to the driver’s insurance company, they suggested that I file a claim under the “underinsured driver” coverage that we have through our c…

Health Insurance help, is this “good” or “bad” health insurance? Hi, I’m from a land where we don’t have to worry too much about health Insurance and going bankrupt due to hospital bills(there are exceptions). However, I recieved a job offer from a company in US. I’m discussing if I’d be willing to move there and one of the important points is health Insurance. I have 0 idea about this and I did some resea…

Noone seems to want to sell insurance to old UK residents wanting to travel to the US A UK citizen I know, who is over 85 years old but quite agile and healthy for his age, wants to visit his children in the USA. He says the UK’s National Health Service (NHS) will no longer insure him for his stay abroad because of his age and preexisting conditions. There also seems to be no viable alternative in the private insurance sector. H…

Aged out of insurance. Hi all, I just turned 26 and am currently in NJ. Officially getting booted from my parents insurance in 31 days, and I applied for the marketplace plans and they start me off at $273 at the lowest. I make $23 an hr in Jersey and i’m in school. I have a 270 dollar car note, pay for my wifi and phone bill as well as car insurance. I dont know how …

Will travel insurance cover me? I’m moving back to my country after living abroad for many years. As such, I’ll be buying a one way ticket. Typically when I travel I buy insurance based in the country I’m living and working in (with residency). In this situation though, it’s a one way ticket. I know travel insurance won’t cover you if you’re already on your trip and I won’t h…

Do I really need Life Insurance? My financial advisor is really pushing for me to have life insurance. His reasoning is that it is a part of my retirement investment plan, and “These long-term dollars will grow tax-free and will increase diversification out of the market.” For context, I am 24F, have no dependents, and do not plan on having kids. I have been researching and it …

Life Insurance, no dependents Is it worth getting additional life insurance if I’m not married, have dependents, or debts of any kind. My employer, like many others it seems, offers 1x salary coverage at no cost and additional coverage at a small cost. I’m relatively young and healthy but would it be a waste to buy additional coverage so that my family can have extra left ov…

Do I still need life insurance? I’m 61 and my $500K term life insurance policy expires in a few months. My 2 kids are finishing up college in 2025, and will graduate debt free. Wife and I make over $300K combined, have about $1.2M in our 401Ks and about $200K in savings and mutual funds. We have less than $150K left on our mortgage at 3.5%, with no other debt. We each have lif…

Health insurance plan A or B? Add I just find out that Plan A is EPO. No out of network choice.I am going to call more details tomorrow. Sorry my misunderstanding. Hello! I would like to hear your an advice /opinion about my health insurance plan for 2025. Before start, this is little info, I have a health problem however now it’s remission and only require MRI and see a spe…

Homeowner’s insurance is dropping us and can’t find anyone that will give us insurance, what do we do? We had massive hail damage this year as well as water damage in the house due to an overflow in the bathroom. A couple years ago the pipe feeding the washing machine busted when we tried to loosen the hose on it. Insurance has sited these 3 things as why they are dropping us. No other carriers will take us on, we have tried all the major ones. W…

Tax Implications of Whole Life Insurance submitted by /u/Acceptable-Brief-603

Should I let insurance total my car or keep it? My car (2018 Mazda 3, 89K miles, paid off) was recently damaged in a hail storm (only cosmetic damage, the car still runs fine but has a lot of little dents throughout). Insurance wants to total it and give me $13,000 for it. The alternative would be for me to cancel the claim, keep the car (which still drives), and lose all value on it/take off…

Travel insurance when using points I am doing a big trip with my family of 5 in April. I am paying for the entire hotel with points transferred to Marriott (no additional booking fee) and the flights with points transferred to airline partners (some additional booking fees). I plan to pay the airline booking fees with my chase sapphire reserve, which I believe will activate the t…

Insurance agent never bound my policy when we closed on our house despite Evidence of Insurance, now refusing to backdate. Purchased our first home in California this year, and reached out to a Farmers agent in May. We confirmed a quote, I put him in contact with my lender and escrow, and I was told all was to be ready to go by our initial closing in June. No requests were made for any additional documentation, and my last contact with the agent was at the end of Ma…

Aetna claims active insurance when I never enrolled resulting in denial of claims with my insurance and being billed thousands I was under my parents insurance in NY (United Healthcare Essential Plan) until April 2024 as I started my first full time job in January 2024. Probation was 3 months so my 1199 insurance didn’t kick in until April. However, I was contacted by my primary care physician and doctors that UnitedHealthcare is denying all their claims from March 2023…